Jan-Mar-2010 - stock is pumped by ME Garza and Biomedreports on rumors about potential partnership
Mar 22, 2010 RXII pps at $8.99
Mar 23, 2010 - PIPE exceptionally planned and executed by S Kriegsman - CYTR CEO and Director of RXII
End of Mar - Apr, 2010 - insider sold off their RXII shares; shorting started
Jun 30, 2010 - CYTR sells 2,000,000 shares of RXII at $2.55
Aug 25, 2010 - price hit 52 week low at $1.70
Sep 2010 - ME Garza starts the pump again on rumors about partnership
Nov 2010 price hit $4.08
Dec-2010 - RXII announce no partnership; CYTR sells 500,000 RXII shares at $2.65 and 2,600,000 shares at $2.20
RXII to run out of cash in the next couple of months! How will they finance now? Guess who is making money here?
DD strongly recommended!
Adding to this the turd's financing at $1.35 per unit (not per share) where 1 unit = 1 share + 2 warrants to buy another 1 share, exceptionally planned and executed by Kriegsman's puppet, Beerman + Lazard + Roth
New waves of baggies needed to finance the scam!
DD always your best friend!
pps too low for pipe. They can get this to $5+ easily with such low shares outstanding. If it goes to $6 without partnership news then I expect PIPE or other dilution. I don't expect that this time...I expect a rise to a lower value as you and your buddies buy up shares on the low and then profit on a partnership...like I will...good luck longs.